Operations Analyst

Spectraforce Technologies
United States, Utah, Salt Lake City
Nov 21, 2024
Job Title: Operations Analyst Location: Salt Lake, UT (Onsite) Duration: 6 Months Job Description: The Confirmation Execution Group (CEG) is primarily responsible for obtaining legal confirmations on over-the-counter (OTC) trades booked for the Derivatives businesses. This involves the daily monitoring of outstanding trades covering a wide range of industries and products. As an employee within the CEG team, you will have client interaction and involvement with internal teams, such as Sales and Trading, Settlements, Account Opening and other Operations teams. CEG also supports the economic affirmation and legal confirmation of OTC instruments transacted by the global Trading and Sales businesses within the Securities and IBD (Investment Bank Division) divisions of the firm. CEG focuses on risk management, reporting, client service, and strategic initiatives driven by technology, regulatory/industry requirements, and new business/products. The Credit Derivative Settlements Team is a client facing team tasked with facilitating the settlement of cash flows of the back of OTC credit derivative transactions. Team members get the opportunity to develop core expertise in credit products, a deep understanding of the cash settlement cycle as well as a good grasp of the inner workings of an investment bank. The core risks that our team manages involves (but not limited to): settlement risk, liquidity risk, regulatory risk, and economic trade risk. The team interacts with traders, sales, legal, compliance, technology and other departments within operations to ensure these risks are properly controlled. Skills and Experience: Junior Operations Specialist 0 - 2 years experience, able to execute day-to-day activities to a high standard, with analytical ability and attention to detail. Operations and financial services knowledge is preferable. Education: Bachelor's Degree is Required.